VandeWater & Associates Licensed Real Estate Brokerage

SAVE $10,000

WINTER ACREAGE AND WATERFRONT SALE

70 ACRES WITH OVER 1000 FEET ON A SPECTACULAR ADIRONDACK RIVER COMPLETE WITH 1300 FEET ON PRIVATE POND

WAS $79,900 NOW ONLY $69,900, "UNBELIEVABLY PRICED"

COME AND SEE THIS WINTER WONDERLAND INVESTMENT TODAY 315-348-8884

 

 

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What is a 1031

Section 1031 of the Internal Revenue Code provides that no gain or loss shall be recognized on the exchange of property held for productive use in a trade or business, or for investment.  A tax deferred exchange is a method by which a property owner trades one or more relinquished properties for one or more replacement properties of like-kind, while deferring the payment of federal income taxes and some state taxes on the transaction.

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